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Re: motorcityAce post# 916

Tuesday, 02/13/2018 12:27:01 PM

Tuesday, February 13, 2018 12:27:01 PM

Post# of 3433
I don't think everyone wants to get rich overnight. They announced game-changing news, the stock took a nice run, they did a large financing, the stock pulled back a little then went substantially higher than the price at which they did the financing, getting as high as $2.38 on the American version (the $2.70 was a BS trade, it was there for less than a second after it re-opened from the halt due to the news about the agreement to purchase weed from Aphria so they could enter the international markets sooner). Since then, the fundamental story has only gotten stronger but the share price has dropped over 50% from it's true high ($2.38) in the beginning of January. Watching the share price and valuation lag other companies when CBW's story is clearly fundamentally stronger can be frustrating so patience is required. It's not about "wanting to get rich overnight", it's about wanting to see constructive share progression in line with the fundamentals as well as the other companies in the same sector. If that's not happening, maybe management isn't doing a good enough job getting their story out there...you know, since an updated investor presentation hasn't even been released since they signed the FV Pharma deal...